All About BTC, LTC, ETH mining as well as other alternative crypto currencies
Execoin (EXE) is an innovative cryptocurrency featuring strong progressive ASIC and multipool resistance, together with the fastest block confirmation time among N-factor coins. Execoin pioneers the concept of an ‘ASIC-free zone’ – a safe domain for GPU miners and investors ahead of the scrypt ASIC invasion. What does this mean? Currently, almost all GPU-based mining rigs are focused on scrypt coins, since Bitcoin and other SHA-based coins are entirely controlled by ASICs. But the cryptocoin market will undergo a massive change as new ASICs designed for the scrypt algorithm arrive and proliferate. Soon, these dedicated ASICs will make GPU mining any scrypt-based coin absolutely pointless. Execoin is one of the first coins to offer an alternative to ASIC domination.
Execoin represents a new generation of cryptocurrencies that prioritizes independence from ASIC miners. Its progressive-N algorithm progressively and proactively increases memory usage with time, to stay firmly ahead of future ASIC models. Fast block time and progressive ASIC and multipool resistance are key features of Execoin. Thought the coin is said to use Scrypt-Progressive-Nfactor algorithm it is essentially the same algo as other Scrypt-Adaptive-Nfactor crypto coins such as VTC for example.
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